Insolvent combined heat and power plant in Arad sold for EUR 27.3 mln
Insolvent combined heat and power plant in Arad sold for EUR 27.3 mln Romania-Insider.com
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Sale of CET Arad Power Plant Contributes to Sustainable Development Goals
The district combined heating and power plant CET Arad, which has been insolvent and under conservation since the end of 2021, was recently sold to AOT Energy for EUR 27.3 million. This price represents 90% of the market value and the sale was conducted through an open public auction, as reported by Bursa.ro.
Plant Overview
- The plant consists of 9 plots of land with a total area of 35.6 hectares.
- The constructions on the site include a 420 t/h boiler running on natural gas, a DSL-50-1 turbine, a 110 KV substation, and three 25 MVA electrical transformers for general and group services.
- The plant is connected to the national energy system through its own 110 kV substation.
- It has a capacity of 450 MVA through the 5 110 kV lines.
“Through the steps taken, we have successfully avoided selling the bankrupt plant at the liquidation value,” stated Silvana Şermer, managing partner of Eurosmart.
iulian@romania-insider.com
(Photo source: Manuel Hernandez/Dreamstime.com)
SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 7: Affordable and Clean Energy | 7.2: Increase the share of renewable energy in the global energy mix | No specific indicators mentioned in the article |
| SDG 9: Industry, Innovation, and Infrastructure | 9.4: Upgrade infrastructure and retrofit industries to make them sustainable | No specific indicators mentioned in the article |
| SDG 11: Sustainable Cities and Communities | 11.6: Reduce the adverse per capita environmental impact of cities | No specific indicators mentioned in the article |
| SDG 13: Climate Action | 13.2: Integrate climate change measures into national policies, strategies, and planning | No specific indicators mentioned in the article |
1. Which SDGs are addressed or connected to the issues highlighted in the article?
The issues highlighted in the article are connected to the following SDGs:
– SDG 7: Affordable and Clean Energy
– SDG 9: Industry, Innovation, and Infrastructure
– SDG 11: Sustainable Cities and Communities
– SDG 13: Climate Action
2. What specific targets under those SDGs can be identified based on the article’s content?
Based on the article’s content, the following specific targets can be identified:
– SDG 7.2: Increase the share of renewable energy in the global energy mix
– SDG 9.4: Upgrade infrastructure and retrofit industries to make them sustainable
– SDG 11.6: Reduce the adverse per capita environmental impact of cities
– SDG 13.2: Integrate climate change measures into national policies, strategies, and planning
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
No specific indicators are mentioned or implied in the article that can be used to measure progress towards the identified targets. The article mainly focuses on the sale of the insolvent power plant and does not provide information on the renewable energy share, infrastructure upgrades, environmental impact reduction, or climate change integration.
Therefore, further information or data would be needed to measure progress towards these targets.
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: romania-insider.com
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